BTCUSD looks to take another run at breaking out.The last idea notified of a breakout after a primary wave and correction sequence completed.
We got a 3% pop in price-action but price-action quickly broke down (probably due to network hash manipulation and/or exchange manipulation (BSV v. BCHABC).
Now, we have a primary wave sequence with a complex correction (2 Correction Sequences)
We are looking for $7,700 to hold and would place a hard stop right beneath the primary wave.
If
BTCUSD primary wave breaks down the $7,700 level will be violated.Please see last idea for further analysis.
Will update.
AB
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Note
Good Morning...As Expected, BTC is making another run at a BREAK OUT!
Note
Note
Crypto has broken out. Idea complete.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.